F.m. 3297 & F.m. 898 Bonham, TX 75418
- Land
- 118.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 F.m. 3297 & F.m. 898
- Lot size
- 118.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional offering presents a unique opportunity to acquire 499 acres of prime Texas ranchland, ideally situated in Fannin County near Ector, TX. The property comprises two tracts – one encompassing 381 acres and the other 118 acres – both agriculturally exempt and available for purchase individually or together. Boasting significant road frontage along four thoroughfares (FM 3297, FM 898, County Road 4330, and County Road 4135), this property offers unparalleled accessibility. The southern 381-acre tract benefits from an existing 4-inch water line provided by Southwest Fannin SUD. Strategically located near State Highway 121 and 11, the property enjoys convenient access to major transportation routes. Furthermore, its proximity to the newly constructed Lake Bois D'Arc (within approximately 10 miles) and the future Lake Ralph Hall (approximately 15 miles) enhances its recreational appeal and potential for future development. Importantly, both tracts are entirely free of floodplain, minimizing risk and maximizing development potential. The substantial acreage makes this property suitable for various uses, including residential lot development or the establishment of a Municipal Utility District (MUD). This is a rare opportunity to own a significant landholding in a rapidly developing area of Texas.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonham
- County
- Fannin
- State
- Texas
- Longitude
- -96.2783
- Latitude
- 33.5131
